Ola Electric Production Suspends At Its Hosur Plant
According to a recent news source, the manufacturer of the S1 Pro EV, Ola Electric, has temporarily halted production at its Hosur plant. Sources disagree with the company’s assertion that the shutdown was necessary for annual maintenance.
According to the article, the corporation made this decision because of a buildup of inventories. Currently, the scooter manufacturer has roughly 4000 units in storage at its facilities. Additionally, there are thousands of products stacked up and ready to be delivered to clients.
The company was producing 100 scooters per day prior to the production halt, which is less than the plant’s daily maximum capacity of 600 units. Ola Electric denied all allegations of inventory buildup and stated that the suspension was caused by yearly maintenance.
To gain a comprehensive picture in this regard, the company hasn’t provided the entire quantity of reservations. With only 5869 units shipped last month, the electric vehicle startup fell to the fourth position, even behind Ampere, which sold 6534 units.
Ola Electric began manufacturing at its facility in October of last year and began full-time manufacturing in December. Thus, manufacturing has not yet seen a complete year. The business saw a de-growth of 36.38 percent compared to May and a de-growth of 53.75 percent compared to April in June.
Due to an epidemic of fire mishaps, the EV industry as a whole has recently been under scrutiny from consumers. Some of the collisions were so severe that they even claimed the owners’ lives.
Recently, even a Tata Nexon EV caught fire. It was one of the very few EVs that had never been in an accident during that time. Even an Ather 450X recently caught fire while being pressure washed by technicians who were working on a device with a damaged battery.
The Union Road Transport and Highways Ministry’s expert committee claimed to have discovered safety system faults in the batteries of electric 2-wheelers.
Its research claims that rather than focusing on guaranteeing rider safety, manufacturers took shortcuts to boost output. The committee discovered that producers lacked a system to spot overheated cells and separate defective units.
2022 Yamaha R3 India To Launch By Diwali
2022 Mercedes-AMG GT To Get Updated With 842hp Plug-In Hybrid